Business & Finance: Answers .For Armourites

Pestered by questions of minority stockholders who upset his plan for
recapitalizing Armour & Co. (TIME, Sept. 11), President T. (for
Thomas) G. (for George) Lee last week gave out answers as he had
promised. Dissenting stockholders had intimated that Bankers Samuel
McRoberts of Manhattan's Manufacturers Trust Co., Albert H. Wiggin,
ex-chairman of Manhattan's Chase National, and Arthur Reynolds,
ex-chairman of Chicago's Continental Illinois, had each received
$100,000 a year for merely voting Armour stock as voting trustees.